|
Mike, Stephen, the fact that Corel is announcing Q2 results 24 days after quarter end is an indication of nothing but good news. The write-down is a real plus, and the prospect of eps of .20 or so on operating earnings is terrific. If A.Hayer is close on his prediction of $20 million cash, A/R considerably less than sales, and presuming no increase in debt, which seems unlikely, we're all in for a party.
Look, this will be the third straight quarter of positive earnings increases. With the strong reception of suite 8, and the vertical suites on the market, I think analysts and fund managers will climb on for the ride. I'm anticipating a big bounce on the 24th & 25th with increased volume and interest throughout July. I still think US $10 by August 31st is easily attainable.
"Gather ye rose-buds while ye may,
Old Time is still a-flying:
And this same flower that smiles today,
Tomorrow will be dying."
(Robert Herrick)
Up, Up, & Away! (Can't wait till the conference call.)
Scott
|
